# BankGuard

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bankguard

- Industry: IT Security/Cybersecurity
- Headquarters: Tokyo, Japan
- Website: http://www.bkguard.com
- Total disclosed funding: $0M
- Latest round: Seed (Apr 13, 2015)
- Investors on record: 1

## About

BankGuard Inc. is a cybersecurity firm focused on developing innovative solutions to prevent unauthorized access and fraud in the financial sector, enhancing security for both institutions and their clients.BankGuard Inc. specializes in cybersecurity solutions, particularly for financial institutions. Founded by Haruhiko Fujii, the company is headquartered in Tokyo, Japan. In April 2015, BankGuard raised USD 0.02 mn in Seed funding from Startupbootcamp FinTech & CyberSecurity, marking its first major financing round.BankGuard Inc. specializes in advanced cybersecurity solutions aimed at safeguarding financial systems. Their key products, Super One-Time Password (SuperOTP) and SuperMatrix technology, enhance user authentication and transaction verification. SuperOTP employs dynamic emoji-based passwords transmitted via SMS, while SuperMatrix utilizes random images on payment cards. Their technology addresses vulnerabilities of traditional OTPs, with clients including ANA and Rakuten Securities, primarily serving Japan and expanding into Singapore and the United States.BankGuard Inc.'s revenue model is primarily based on partnerships and B2B transactions with financial institutions. They generate income through service agreements, involving both initial deployment fees and ongoing maintenance costs for their cybersecurity technologies. Their flagship products, SuperOTP and SuperMatrix, play a vital role in this revenue stream, with contracts that ensure service levels and support tailored to clients' evolving security needs.Looking ahead, BankGuard Inc. plans to enhance its product lineup, although specific upcoming releases have not been disclosed. The company is targeting expansion into new markets, specifically Singapore and the United States, aligning with growing global demands for cybersecurity solutions. The recent Seed funding of USD 0.02 mn will be crucial in supporting these initiatives, enabling the company to strengthen its market presence and further develop its technologies.

## Funding rounds

- Seed, Apr 13, 2015, $0M — Startupbootcamp

## Investors

- Startupbootcamp (https://capitalatlas.ai/funds/startupbootcamp) — Seed